Stifel Nicolaus Begins Coverage on Hinge Health (NYSE:HNGE)

Equities researchers at Stifel Nicolaus started coverage on shares of Hinge Health (NYSE:HNGE - Get Free Report) in a report released on Monday,Briefing.com Automated Import reports. The firm set a "buy" rating and a $48.00 price target on the stock. Stifel Nicolaus' price target would suggest a potential upside of 38.09% from the company's current price.

Several other brokerages have also recently issued reports on HNGE. Canaccord Genuity Group started coverage on shares of Hinge Health in a report on Monday. They issued a "buy" rating and a $52.00 target price for the company. Bank of America assumed coverage on Hinge Health in a research note on Monday. They set a "buy" rating and a $42.00 price target for the company. Raymond James started coverage on Hinge Health in a report on Monday. They issued an "outperform" rating and a $45.00 price target for the company. KeyCorp began coverage on shares of Hinge Health in a report on Monday. They issued an "overweight" rating and a $45.00 price target for the company. Finally, Morgan Stanley assumed coverage on Hinge Health in a research report on Monday. They set an "overweight" rating and a $46.00 target price on the stock. One equities research analyst has rated the stock with a hold rating and thirteen have assigned a buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $46.00.

Hinge Health Stock Down 0.7%

HNGE stock opened at $34.76 on Monday. Hinge Health has a fifty-two week low of $33.42 and a fifty-two week high of $43.80.

About Hinge Health

Our vision is to build a new health system that transforms outcomes, experience and costs by using technology to scale and automate the delivery of care. Hinge Health leverages software, including AI, to largely automate care for joint and muscle health, delivering an outstanding member experience, improved member outcomes, and cost reductions for our clients.

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